Solar is now ‘Cheapest Electricity in History’, confirms IEA

[abu afak]

Solar is now ‘cheapest electricity in history’, confirms IEA

Solar is now ‘cheapest electricity in history’, confirms IEA

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

www.carbonbrief.org

""The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades....."

`

 

[Manonthestreet]

dont just sit there dumbass rush right out and get ya some

 

[Polishprince]

Good. Since solar provides the least expensive electricity, there is no point in continuing subsidies for it. People will be willing to invest their own money in the modality.

 

[Moonglow]

If it is so cheap why is the hardware and instillation so damned expensive?

 

[Rye Catcher]

Solar is now ‘cheapest electricity in history’, confirms IEA

Solar is now ‘cheapest electricity in history’, confirms IEA

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

www.carbonbrief.org

""The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades....."

`

Not only this, but our 2017 Chev. Bolt has never needed to buy gas or have tune ups/oil changes. It has paid for itself, and with out solar panels we haven never needed to use charging stations.

 

[ReinyDays]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

 

[there4eyeM]

Things purchased that don't pay for themselves are expenditures. Things purchased that pay for themselves are investments.

 

[Polishprince]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

If there are "massive subsidies" , shouldn't those numbers be considered when determining the cost of it?

 

[Rye Catcher]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.

Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

 

[Pogo]

If it is so cheap why is the hardware and instillation so damned expensive?

I know right. You can set up your own nukyulur reactor or hydro dam for like, pennies.

 

[Polishprince]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.

Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

When cars were first built, they didn't require subsidies. That's the point. If solar electricity is so cheap, if your view, why should the taxpayers have to pay you to take it?

 

[ReinyDays]

If there are "massive subsidies" , shouldn't those numbers be considered when determining the cost of it?

If you tax folks 10¢/kW-hr ... and charge them 2¢/kW-hr ... the cost is 12¢/kW-hr ... I'm just pointing out a rather lengthy article about how cheap solar is only has ONE sentence about the actual costs ...

 

[Rye Catcher]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.

Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

When cars were first built, they didn't require subsidies. That's the point. If solar electricity is so cheap, if your view, why should the taxpayers have to pay you to take it?

Why do our taxes pay for the Military Industrial Complex? Why do our taxes pay for the Secret Service to rent golf carts at Mir a Lago? Why do corporations not pay any tax, based on the tax fraud signed by trump? Why did my tax dollars go to building a Wall on our Southern Border?

 

[ReinyDays]

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.
Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

Did the car owners pay for the all-weather roads to actually drive these first cars on? ...

I agree that where solar is economical, it's a GREAT opinion ... but that's not always the case ... what you didn't say is how much your electricity bill would have been without the panels and you didn't say what the capitalization period is ... do you include cartage? ... c'mon now, this is finances, let's see the income statement and balance sheet ...

ETA: Curious about how you installed the panel pylons ... are you including roof framing repairs 20 years from now? ...

 

[Old Rocks]

Good. Since solar provides the least expensive electricity, there is no point in continuing subsidies for it. People will be willing to invest their own money in the modality.

Absolutely agree. And end all subsidies for nuclear, coal, oil, and natural gas. Let them play on a level field, and renewables will win hands down.

 

[Old Rocks]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.

Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

When cars were first built, they didn't require subsidies. That's the point. If solar electricity is so cheap, if your view, why should the taxpayers have to pay you to take it?

This is the unsubsidized prices of various methods of energy production;

 

[ReinyDays]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.

Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

When cars were first built, they didn't require subsidies. That's the point. If solar electricity is so cheap, if your view, why should the taxpayers have to pay you to take it?

This is the unsubsidized prices of various methods of energy production;

View attachment 443743

Do you have a source for this chart? ... what are these "certain circumstances"? ... how long are they amortizing the capital investments? ...

No hydro? ... no passive? ...

 

[Old Rocks]

In the best locations and with access to the most favourable policy support and finance, the IEA says the solar can now generate electricity “at or below” $20 per megawatt hour (MWh).

In the entire article, there's only a single sentence about the cost of solar electricity ... 2¢/kW-hr ... with massive subsidies ... I don't believe that ...

FAKE NEWS ...

LOL, maybe you are brainwashed? It's so sad that people like you are the progeny of those who stood on a road and yelled, "get a horse" as the first cars drive by.

Our roof panels have reduced our cost for electricity to an average of $1.00 for every 60 day bill. Annually we receive a small check.

When cars were first built, they didn't require subsidies. That's the point. If solar electricity is so cheap, if your view, why should the taxpayers have to pay you to take it?

This is the unsubsidized prices of various methods of energy production;

View attachment 443743

Do you have a source for this chart? ... what are these "certain circumstances"? ... how long are they amortizing the capital investments? ...

No hydro? ... no passive? ...

Levelized Cost of Energy and of Storage 2020

Levelized Cost of Energy & Storage 2020 analyses are in-depth studies comparing the costs of energy and storage technologies for different applications.

www.lazard.com

 

[Old Rocks]

If there are "massive subsidies" , shouldn't those numbers be considered when determining the cost of it?

If you tax folks 10¢/kW-hr ... and charge them 2¢/kW-hr ... the cost is 12¢/kW-hr ... I'm just pointing out a rather lengthy article about how cheap solar is only has ONE sentence about the actual costs ...

Pretty much sounds like nuclear, not renewables.

 

[ReinyDays]

Levelized Cost of Energy and of Storage 2020

Levelized Cost of Energy & Storage 2020 analyses are in-depth studies comparing the costs of energy and storage technologies for different applications.

www.lazard.com

So ... highly speculative values ... under optimum conditions ...

Hydro can't be calculated using this method ... the facilities have nearly unlimited life spans ... Hoover Dam will last another 1,000 years ...